• Population:6.6 million (2014)
• Inflation:2.8 % (2014)

Jordan, officially the Hashemite Kingdom of Jordan, is a kingdom on the East Bank of the River Jordan. The country borders Saudi Arabia to the east and south-east, Iraq to the north-east, Syria to the north and the West Bank and Israel to the west, sharing control of the Dead Sea. Jordan’s only port is at its south-western tip, at the Gulf of Aqaba, which is shared with Israel, Egypt, and Saudi Arabia. Over half of Jordan is covered by the Arabian Desert. However, the western part of Jordan is arable land and forests. Jordan is part of the Fertile Crescent. The capital city is Amman.

Modern Jordan is predominantly urbanized. Jordan is classified as a country of “high human development” by the 2010 Human Development Report. Furthermore, The Kingdom has been classified as an emerging market with a free market economy by the CIA World Fact Book. Jordan is also considered to be an “upper middle income” economy.

• Population:33.9 million (2014)
• Inflation:0.4 % (2014)

Over the past decade, Morocco’s macroeconomic, political, and regulatory stability have helped the country achieve strong economic growth. Rising standards of living combined with rapid population growth have driven substantial increases in Morocco’s energy needs. Yet the fiscal impact of maintaining, much less expanding, Morocco’s energy supply, is tremendous as the country imports 95% of its primary energy supply. Every year Morocco spends upwards of US$80 billion on imported oil, making it particularly vulnerable to external market shocks and further constraining the government’s ability to pursue other development objectives.

Rather than foregoing these opportunities, the Moroccan government has designed an investment plan that will tap US$150 million in financing from the Clean Technology Fund (CTF) to reach financial closure for investments that will capitalize on Morocco’s world-class renewable energy resources to accelerate Morocco’s shift to a cleaner economy. CTF funds will be deployed to effectively buy down the cost of low carbon growth in Morocco, and will mobilize an additional US$2.5 billion from the Hassan II Fund, Kingdom of Saudi Arabia, United Arab Emirates, African Development Bank (AfDB), and World Bank Group (IBRD, IFC). CTF co-financed projects are expected to achieve 33.8 MtCO2e cumulative GHG emissions savings and reductions.

• Population:89.6 million (2014)
• Inflation:10.1 % (2014)

Egypt is among the 11 fastest growing greenhouse gas (GHG) emitting countries in the world; projections warn of a 300% increase in GHG emissions by 2017. Driving the steady rise in the energy intensity of Egypt’s economy are the country’s economic growth and expanding urban population, compounded by generous fossil fuel subsidies that encourage inefficient energy use. The power generation and transport sectors are among the most carbon intensive, and are at the center of a number of Egypt’s most pressing economic, environmental, and health challenges. Over 50% of Egypt’s primary energy supply is satisfied by oil and oil MtCO2eproducts, and the power generation and transport sectors account for 42% and 21% of Egypt’s total GHG emissions, respectively.

Tapping US$300 million in financing from the Clean Technology Fund (CTF), Egypt’s investment plan will support investments in Egypt’s tremendous wind energy potential and aims to facilitate a modal shift to low carbon mass transport by developing new bus and rail infrastructure. The investment plan, created under the leadership of the government in consultation with the World Bank Group (IBRD, IFC), African Development Bank (AfDB), and key Egyptian stakeholders, will mobilize an additional US$1.82 billion to accelerate Egypt’s progress toward economically effective, equitable, low carbon development.